Message-ID: <20821917.1075861507660.JavaMail.evans@thyme>
Date: Tue, 13 Nov 2001 11:51:27 -0800 (PST)
From: catherine.mckalip-thompson@enron.com
To: victor.browner@enron.com, jeff.dasovich@enron.com, dave.kistler@enron.com
Subject: stock value
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If I've done my math right, the August "throw them a bone" stock option grant requires a Dynegy stock price of $137.35 in order for it to be in the money. The deal was if you are involuntarily terminated, you have 3 years from said date to exercise.  ($36.88/.2685)
What are the chances of that??